Daniel Gross tweeted this blast from the past :
flashback: 2 years ago this week, Michael Boskin penned WSJ op-ed: “Obama’s Radicalism is Killing the Dow.” Market has nearly doubled since.
My post 6 months later — Michael Boskin on “The Obama Crash” — pointed out how wrong Boskin was (which is pretty true about nearly everything he has ever said)
I even used that as an example in my be objective column for the Washington Post: Why politics and investing don’t mix.
I will say it here yet again:
1. Reality matters
2. Intense emotions are very dangerous to your returns
3. Control Distractions: Focus on what matters to your portfolio
4. Do your job: You are a fund managers, not a policy wonk
5. Have a plan, then execute it
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.